This account offers you the opportunity to directly invest in some of the leading stocks around the world. However, there are some conditions that should be kept in mind by traders. First, there is only one base currency option for this type of account – USD. The contract size is 1 share, and there is no leverage available for share account holders. The Standard account offered by LimeFx can be a perfect match for traders of all different interests. To put it simply, this account was created with different types of traders in mind.
LimeFx Broker Review – Trade over 1,000 available assets now
This is an account that matches the needs of novice and experienced traders. LimeFx broker is regulated by three financial authorities and strives to keep its platform secure for users around the world. It is regulated by the Financial Services Commission, ASIC, and CySEC.
Standard account
This experience combined with strict regulation and customer service in over 30 languages makes them one of the best forex brokers for traders from all different backgrounds and levels of experience. Additionally, mobile trading also provides a wide array of analytical options and the graphical display of quotes limefx scam for proper account management. Once you have downloaded the trading platform and you have deposited funds, it is time for you to start the market analysis. LimeFx offers some of the best trading platforms available in the market, all of which allow you to do a very extensive and detailed market analysis.
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At LimeFx there is a Demo Account facility that gives you a virtual balance of $100,000 to play around with and find your feet. The demo account has an unlimited duration, giving you all the time you need to get prepared for trading a real account. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Bank transfers can take a few business days to clear and LimeFx covers all the charges for bank transfers of $200 or more.
- This makes it quick and easy for you to identify trading signals without needing to constantly stare at your charts all day and night.
- These platforms are celebrated for their sophisticated functionality, catering to a broad spectrum of trading styles and levels of expertise.
- Exotic pairs tend to be traded less frequently, in comparison to majors.
- Commissions can be a fixed amount or a percentage of the value of a trade, depending on the broker.
These platforms work for both personal computers, Android mobile devices and also for the IOS operated devices. This gives this platform a versatility factor in usability with various devices. LimeFx is regulated by the Financial Services Commission, ASIC, and CySEC. LimeFx is a broker that has been around since 2009 and now employs more than 300 people.
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Trading portfolio as well as multiple trading account management and/or monitoring is thus possible practically speaking on the go. Automated trading is undoubtedly one of the most popular features of MetaTrader 4. It is remarkable data in itself that since 2014, over 75% of the United States stock share trades, including NASDAQ and the New York Stock Exchange, have been carried out through automated trading system orders. The fact that today automated trading on the MT4 software is also available for retail traders and investors is a huge plus, allowing trading not only on stocks but also on foreign exchange (forex), futures and options.
It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. LimeFx forex broker also provides comprehensive educational content, low spreads and fees and has high quality account protection; however, there is no investor protection for clients outside the EU. With that said, let us review LimeFx broker and all the key features of the platform. The client has the freedom to decide at which price they decide to buy or sell, and vice versa, and can execute a transaction at any time they wish.
Unlike other forex brokers, it allows hedging on more than 1,000 financial instruments, including 55 forex pairs. This makes it versatile as it permits traders to use various styles of trading to maximize their gains. Clients also get access to trading ideas and analysis to help them better understand financial markets. LimeFx forex trading broker offers a wide range of assets, including major currency pairs, stocks, cryptocurrencies, and CFDs. Traders can use the MT4 or MT5 platform to buy and sell CFDs with high leverage, and this makes the platform suitable for both new and experienced traders.
LimeFx clients can trade on MT4 with no re-quotes, no rejection of orders and with flexible leverage. Whatever your trading style or experience level, MT4 is considered as on of the go to platforms for online trading. LimeFx have a good selection of trading platform video tutorials on their website to help familiarise yourself with MT4. https://limefx.club/ If you are new to trading, I think MT4 is a great platform to get started with. You can open a free demo account to learn how to use the platform and practice trading online risk free, until you build enough confidence to open a live account. LimeFx allows traders to gain access to several features on their trading platforms.
LimeFx Group also retains the right to revoke the swap-free status of your account if they believe you are violating the terms. To open an account with LimeFx Group, you’ll need to provide proof of identity and proof of address. This process allows LimeFx Group to meet KYC (Know Your Customer) guidelines. KYC guidelines keep you safe and stop the broker from accidentally facilitating illegal practices such as money laundering. As part of our LimeFx Group forex broker review, we investigated the background of the company and its owners. LimeFx Group was first founded by Constantinos Cleanthous under the name Trading Point Group.